This video is from the Global Social Venture Competition – Southeast Asia 2010 (GSVC-SEA) of Freehap. This team won at the regional finals and when to represent Southeast Asia at the Global Finals at the University of California, Berkley in April 2010. Part of Freehap’s charm is their energy, creativity and spontaneity which aligns with their idea of Free Happiness, shortened and combined to create the name “Freehap.” The members of the group represent Chulalongkorn University and Thammasat University, both of which are top universities in Bangkok, Thailand. View the video to see the winning business idea presented by Freehap at the GSVC SEA final round to a respected and diverse panel of judges.
This video captures a dialogue of several social entrepreneurs in Thailand. The images are of Bangkok and some of the problems we face in Thailand such as pollution, poverty, etc. It is a bit inspirational to those of us in Thailand that want to make a difference in a sustainable way. The video is in Thai without any subtitles.
Every year Thammasat University in Bangkok, Thailand hosts the Global Social Venture Competition for the Southeast Asian region (GSVC-SEA). This business plan competition is focused on promoting new social ventures and social entrepreneurs by providing a forum for these venures to get exposure and funding.
The Global Social Venture Competition (GSVC) was launched in 1999 by the Hass School of Business of the University of California at Berkeley, USA. It was the oldest and largest competition of its kind, to promote entrepreneurial start-up companies which offer measurable social or environmental benefits in addition to profits. These social impacts can be in the areas of health, education, environment, etc. By 2010, GSVC has grown to include over 500 teams worldwide, partnering with many of the world’s top business schools, including the Columbia Business School, the London Business School, and the Indian School of Business.
To enter the GSVC-SEA competition, a team which includes just one graduate business student or a person who graduated from within 2 years from any school submits a five-page executive summary of a proposed venture, which is scalable and offers quantifiable social and/or environmental benefits incorporated into
its mission and practices. Executive summaries must be submitted before 11 pm (Bangkok time), 15 January 2011 to qualify. Please see more detailed rules, regulations and past winners on the website www.gsvc-sea.org.
After the submission process, all entries will undergo the first judging round. Groups of professionals, academics and students gather in Bangkok to review and debate in small groups about the various social ventures submitting. Finally, 12 teams are selected to be the regional finalists who will then come to present their business plans in a two day event in Bangkok, Thailand in March 2011. Each team will be allowed 15 minutes to pitch their plan. Following their presentation, a panel of judges will engage the team in a series of questions regarding the technical, business and social impact aspects of their proposed venture. The top two winners of the business plan competition will be sent to the Global Social Venture Competiton Global Round (GSVC Global) to compete at the University of California, Berkely, USA. In addition, the social venture with the best social impact assessment will be showcased in the Global round.
There will be nine teams of university students presenting their ideas on three different topics. This event gives teams 15 minutes to present their ideas and judges will ask questions for 10 minutes. The event is run in Thai language and is geared towards the Thai context in terms of it’s problems, participants, judges and audience.
Location: Hotel S31
Partner: change fusion, Ashoka, Magnolia, TCDC, BE magazine, I care
This article linked in the Malaysian Insider from the Bangkok Post critizes the intentions of the Ideas for Thailand campaign by the current government. The project started as a way to give Thai citizens a way to share their ideas to make Thailand a better place to live.
Over 3,000 ideas were accepted and then screened to 50 ideas. These 50 ideas will then present their ideas at Siam Discovery Center Floor 1 on September 23, 2010. The judges will choose the 20 short-listed ideas that will be broadcasted on NBT channel. The final 5 ideas will receive 100,000 in start up money as a reward for their idea.
While given a channel for Thai citizens to propose ideas that can help Thailand is great, the question is: “Will these ideas actually be implemented?” Ideas are nothing more than ideas if no action is taken. The next step would be to see if the government will support the development of implementation plans or support the people who proposed these ideas further in developing their projects.